SEC Grants Dell Permission to Exclude Bitcoin Proposal, Signaling Skepticism in Traditional Finance

The Securities and Exchange Commission (SEC) has granted Dell Technologies permission to exclude a shareholder proposal advocating for Bitcoin adoption from its upcoming 2025 meeting. This decision aligns with the company’s cautious approach toward cryptocurrency despite CEO Michael Dell’s previous hints of interest. The SEC’s backing reflects a broader trend within traditional firms, as they remain hesitant to integrate Bitcoin due to volatility and regulatory uncertainty.